Benefits of Australian PR (Permanent Residency)

April 28, 2022

Australia is one of the world's wealthiest countries, having the world's tenth-largest economy. The australian government had the world's fifth-highest per capita GDP in 2012 yet had the world's thirteenth-largest military usage.With the world's second-best human development record, Australia ranks highly in several universal correlations of national performance, for example, personal fulfillment, welfare, education, financial opportunity, and the protection of fundamental freedoms and political rights.

It is a promised land for many potential migrants, offering remarkable personal fulfillment with a few deep-rooted advantages like various visa category, top universities for international students, etc. If you're wondering what permanent residency in australia is all about, here's a quick breakdown of the rights and benefits you'll enjoy if you expand your Australian permanent living arrangement. 

You may first believe that determining these advantages is difficult, but here are some of the rights and perks that you and your family may enjoy if granted a Permanent Residence Visa in Australia.

1. You Have the Right of Residency in Australia Indefinitely

permanent resident australia

A permanent visa allows you to travel across the country as much as you wish during your Australian student visa (typically five years). Depending on whether it has expired, you can remain in the country but are not allowed to leave. Regardless of what you need to travel for, you will require a Resident Return Visa.

2. Family Members to Sponsor

family member sponsor

As a permanent residency in Australia, you may sponsor families to enter Australia on a specific visa category, contributory parent visa or get permanent residency in Australia. This may be subject to specified residence and income conditions, so be sure you are qualified to sponsor first.

3. Sign up for Medicare

medicare signup

When you apply for a permanent visa, you become eligible to enroll in Medicare and access all-inclusive Medicare health coverage. Medicare covers free treatment in public hospitals, access to discounted services and medications, lower-cost health insurance, and bulk billing.

4. Benefits from Social Security

social security

After two years of permanent residency in Australia, the Australian Government Department of Social Security, often known as Centrelink, will offer you social welfare help for students in student visa, sicknesses, and the unemployed, which can be extended to your family.

5. Grant for First-Time Home Buyers

first time home buyers

You will be eligible for the FHOG (First Home Owner Grant), so you will incur no surcharge for buying a property of any type. You may even qualify for specific tax incentives for savings. Permanent residents will be eligible for a $10,000 First Home Owners Grant, which may be used to buy your first house, apartment, condominium, or townhouse for $750,000 or less.

6. Rebates for Childcare


Because Australia's daycare and childcare businesses are very competitive, regular childcare prices may be pretty costly, depending on your desired provider's form and location. Centrelink is in charge of child care funding, including Child Care Rebate, which helps with child care expenditures.

7. Work Independence

work independency

The work permit is the next significant part of permanent residency in australia. Permanent residents can work in any profession for any company. Working in the public sector or the armed forces, on the other hand, is exclusively limited to Australian citizens. 

This, however, does not differentiate between permanent residents and citizens in terms of labor legislation. Permanent residents have the same rights as citizens under these statutes. They can join trade unions and vote in elections.

8. Credit Score

permanent resident credit score

A permanent resident of Australia will notice an immediate improvement in their credit rating. Since you are a proud owner of an Australian Permanent Resident, you will have far more advantages than others regarding home loans, personal loans, car loans, and other types of loans, as your credit score rating will be significantly improved.

9. Outstanding Educational System

education system

Australia as a country boasts world-class educational facilities and universities. You are entitled to family benefits such as newborn payments, paid parental leave, and family tax breaks. Unlike overseas students and temporary visa holders, permanent residents have access to financial aid through the Higher Education Loans Programs (HELP). This is essentially a loan for students enrolled in a public institution, allowing you to 'borrow' tuition costs and only pay them back once you have reached the $46,620 compulsory payback level.

10. Purchase of an Existing Residential Property

existing residential property

Only permanent residents are permitted to buy used residential property in many places. This strategy was put in place to safeguard the economy from an inflow of foreign riches that would buy up entire neighborhoods, forcing locals into the suburbs.


In 2015, the United Nations classified Australia as the world's second-best country for quality of life. People from all over the world have come to live, work, and study in Australia because of its PR status.
We hope that this article was helpful and gave you the information you were looking for. If you have any queries about being a permanent resident of Australia, don't hesitate to consult with a counselor at Prasana International Education Consultancy about your questions. We will provide you with all pertinent information about the Australian Permanent Residency.